Chris about 12-18 months ago in the wanabees forum in Pprune there was a thread that actively encouraged wanabees to get £70k-80k in debt for their training and then declare themsleves bankrupt... this was being suggest as a via and credible route to getting a frozen ATPL without the burden of the associated cost... it even received support from some of the more "seasonsed" Pprune veterans.
It is the sort of individuals that went down that route that are the root cause of many of the issues we have now in the banking system.... I'm not just talking about in aviation but the broader general attitude of shirking debt related responsibilities people have signed up to. These wanabees are as bad if not worse as the buy-to-let landlord who over stretched himself and defaulted.... their selfish approach is unfortunately likely to have ruined it for those coming along behind.
Back then some people flagged that this reckless approach to borrowing would signal the end of the £50k wanabee loan.... looks like those folks may well prove to be correct.
God forbid you might have to actually WORK and save for your training.... what ever next
